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Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking
April 24, 2024

Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

Reading Time: 2 minutes

The big story

Analysis of the week

You can listen to the Equity crew discuss this week’s fintech news here:

Dollars and cents

Berlin-based embedded fintech startup finmid has raised $24.7 million in a Series A round at a $107 million post-money valuation to further build out its product and enter new markets.

Since 2015, Pula, an insurtech based in Kenya, has been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets. So far, the insurtech has supported 15.4 million farmers in Africa, Asia and Latin America to get insured, and it is eyeing more following a $20 million Series B funding round.

Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage of Canada.

Rumor has it that HR/fintech startup Rippling is raising $200 million, with another $670 million worth of shares being sold by existing stockholders.

What else we’re writing

More stories for you:

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Inside LemFi’s play to be fintech to the Global South diaspora

High-interest headlines

Pipe launches embedded capital-as-a-service for small business

Kamina raises $3.2M in Ecuador’s largest pre-seed round

Finix launches tool to onboard merchants for payment acceptance

This fintech wants to finance the middle class. SRM Ventures ‘lent’ R$40M to the idea

Forage and Uber Eats partner on SNAP EBT grocery delivery (TC previously covered Forage here.)

Public acquires Stocktwits trading accounts

Bolt co-founder pulled strings on unusual stock buyback, suit alleges


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